Over 337 Condos For Sale in Middlesex Country MA Under $175,000

Everyone is aware of the Government Stimulus Program for 1st Time Home Buyers. And I've helped and meet these buyers. They are young and enthusiastic but also well schooled and cautious. Today, I ran a search in the following towns: Burlington, Melrose, North Reading, Reading, Stoneham, Tewksbury, Wakefield, Wilmington, Winchester, Woburn, Billerica and I found 41 Condos priced under $175,000 average days on Market 100.

What does that say to the market.. it says some of these condos are OVER Priced. I could be wrong...but when a property is on the market more than 14 days without offers all the trainers, mentors, brokers and buyers say the same thing. Why??? Does this person know their competition? Did they not get the memo that properties have depreciated?

If your currently considering selling your home, please interview at min 3 Local Agents. The reason I suggest this is if they all come back with the same price or within a few dollars either way. Then that's the price. Remember not only does the buyer have to find value in your property but the banks appraiser does too. And regretfully, if you had a apprasial yesterday for a re-finance that price is now nil and void. If you read the fine print on the apprasial you paid for it say's it's the price we thnk your home is worth TODAY.

Another Tip, I would like to share is be careful when selecting a real estate agent, and don't choose your agent because you went to school with the person and they were recently laid off and were just licensed. This may sound harsh but, think of it this way. Would you trust the most expensive purchase of your life to a person who isn't skilled in friendly negotiations?

Anyway, in closing I wuld just like to add that there are only 80 days left to the program so, if your seeking or selling. Take Action

Best of Luck

Lisa Coates